1 Source: Advent
Portfolio Exchange® (APX). Performance returns
are presented gross and net of fees and include the reinvestment of all income.
Gross of fee performance returns do not reflect the payment of investment
advisory fees and other expenses. Actual returns will be reduced by advisory
fees and other expenses that may be incurred in the management of the account.
Net of fee performance results reflect the deduction of 0.75% for the period
prior to January 1, 2008, 1.10% from January 1, 2008 through February 29, 2008,
and 0.75% thereafter, representing the maximum advisory fees charged to client
accounts invested in the Large Cap Value Advantage Composite during the
respective period. Please see PNC Capital Advisor’s Form ADV, Part 2A for
information regarding current advisory fees. Please refer to the GIPS® Compliant Presentation located at
the end of this report, which includes other important disclosures. Past performance is no guarantee of future results.